Company operating profits in Australia were up a seasonally adjusted 1.9 percent on quarter in the third quarter of 2018, the Australian Bureau of Statistics said on Monday.
That missed expectations for an increase of 2.8 percent and was down from 2.0 percent in the three months prior.
Inventories were flat on quarter, missing forecasts for an increase of 0.4 percent and down from 0.6 percent in the second quarter.
On a yearly basis, company profits were up 13.5 percent and inventories gained 1.6 percent.
Wages and salaries were up 0.9 percent on quarter and 4.3 percent on year.
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